Series A-B fund research profile
Vertex Ventures Southeast Asia and India is a Temasek-backed regional platform with a meaningful India franchise. Consumer, fintech and enterprise software remain core, with digital health, sustainability, mobility and AI appearing in the newer portfolio.
At a glance
Research profile
Open a section to inspect the evidence. The first view starts with the investment point of view; the rest stays quiet until you need it.
Investment lens
Vertex Ventures SEA & India uses a series a-b approach across Fintech, SaaS, consumer.
Current evidence
Vertex's India fintech update identified Wint Wealth's Series B and described IndiaP2P, Kiwi and Metafin as additions to its India fintech portfolio; it also identified FirstCry, XpressBees and Licious as earlier positions.
Strategy
Series A-B
Sector focus
Fintech, SaaS, consumer
AIF structure context
Indian venture capital and angel-fund strategies are commonly structured as Category I AIFs. Verify the specific vehicle and registration before investing.
Current signal
Vertex's India fintech update identified Wint Wealth's Series B and described IndiaP2P, Kiwi and Metafin as additions to its India fintech portfolio; it also identified FirstCry, XpressBees and Licious as earlier positions.
Investor questions
Vertex Ventures SEA & India is covered in Rupeia's venture capital research universe. The current public record describes the strategy as Series A-B, with a sector focus of Fintech, SaaS, consumer. The profile should be read with the linked source trail and Typical route: Category I AIF context.
The profile displays only company or asset names attributable to Vertex Ventures SEA & India in the reviewed public sources: Wint Wealth Series B lead (Jan 2026, press-verified), FirstCry (early), XpressBees, Licious. It does not represent a complete current portfolio unless the manager has published one.
Fund V closed at $541M, and the GP reports more than 80 companies across the platform. In India it says it has invested in more than 40 companies and exited about a dozen, including FirstCry and XpressBees through secondary sales; broader portfolio outcomes include IPO, M&A and strategic sales. These signals are not a substitute for fund- and vintage-specific net performance, realised distributions and audited or administrator-supported reporting.
Public fund size: Fund V closed at $541M in September 2023, up from $305M for the previous fund. The vehicle covers Southeast Asia and India; India-only capital is not disclosed.. Public terms or access information: Series A-B / early-stage with follow-on capacity and a typical seven-to-ten-year horizon. The manager has said it plans roughly 12 new investments a year across the regional platform; India cheque sizes are not consistently public.. Current fees, minimum commitment and availability must be confirmed for the exact named vehicle in its fund documents.
The current source record names Ben Mathias (India). Verify current roles, departures, attribution and key-person provisions before relying on the team history for a new commitment.
Review stage concentration, follow-on reserves, company failure rates, dilution, exit timing and the gap between paper valuations and realised distributions. The current open diligence point is: India-only allocation within the regional SEA & India fund is not publicly disclosed; the manager’s official organization metadata identifies this asset as its logo..
2026-02-03: Vertex's India fintech update identified Wint Wealth's Series B and described IndiaP2P, Kiwi and Metafin as additions to its India fintech portfolio; it also identified FirstCry, XpressBees and Licious as earlier positions.
Next step
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